PPP Loan information for Motor world inc.

$213,740

Motor world inc. was initially approved for PPP Loan of amount $213,740, the current approved amount is $213,740. The loan was approved on 01/21/2021 by The Wheaton Bank & Trust Company, National Association reported 19 jobs and $213,740 was used to fund payroll.

Motor world inc. is Existing or more than 2 years old

PPP Loan Search / IL / Glen Ellyn / Motor world inc.

MOTOR WORLD INC.

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MOTOR WORLD INC.

Borrower Address

550 Roosevelt Rd

Borrower City

Glen Ellyn

Borrower State

IL

Borrower Zip

60137-5735

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213740.00

Current Approval Amount

213740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Ellyn

Project County Name

DUPAGE

Project State

IL

Project Zip

60137-5735

CD

IL-06

Jobs Reported

19

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

213738.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

215491.48

Forgiveness Date

11/22/2021

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